The insurer's rights to recover and sell or otherwise dispose of insured property on which the insurer has paid a total loss are called

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The insurer's rights to recover and sell or otherwise dispose of insured property on which the insurer has paid a total loss are called

A. Fiduciary rights.
B. Salvage rights.
C. Constructive rights.
D. Catastrophe rights.

Answer: B. Salvage rights allow the insurer to recover and sell or otherwise dispose of insured property on which the insurer has paid a total loss.

Insurance

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